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While the longest government shutdown in history has certainly curbed the activity of many employees and businesses, Hamrick compared its impact to that of a hurricane "where economic activity is either delayed or destroyed, "but eventually things have been restored. "
"These things tend to be temporary," he told CNBC Make It, "although the impact on people who missed their paychecks and have not had the chance to pay for it." Savings can be significant. "
According to the BLS, federal employees working without pay were still considered employees. That's why Gimbel says he is not surprised that the job report remains positive. However, Gimbel says that Indeed data shows a slight increase in the number of federal workers looking for new opportunities, including part-time work, to make ends meet.
"Federal workers tend to like their jobs and have low quits," she says. "But more and more people are wondering if the federal government is in their favor and now find themselves in a tight job market looking for jobs."
Gimbel adds that "this can be bad news for the federal agencies looking to replace them in a tense market and that even though January's jobs report offers some comfort, it should not" hijack the news. attention of a real trouble that many workers suffered during the stop. "
"It may take a while before we really see what effects the closure has had, and we will need a few more months of data," she says.
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